Zip Code: 98199 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in the 98199 Zip Code (Seattle, Washington) in February 2026 was $2,441.415. The month over month percentage change (MoM) was -0.15%, and the year over year percentage change (YoY) was 4.28%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98199 zip code (Seattle, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98199 zip code (Seattle, Washington).

You can see similar information for other Washington zip codes.

Note: Zillow Observed Rent Index (ZORI) is a smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just homes currently listed for-rent.

Data Source: Zillow.
Zip Code: 98199 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98199 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 1720.771476801164 Infinity Infinity
Apr 2017 1731.5111597936134 0.62 Infinity
May 2017 1725.2540831078982 -0.36 Infinity
Jun 2017 1729.0218899719855 0.22 Infinity
Jul 2017 1721.6665563272857 -0.42 Infinity
Aug 2017 1753.0003405683049 1.82 Infinity
Sep 2017 1772.0869740247504 1.09 Infinity
Oct 2017 1783.759761433187 0.66 Infinity
Nov 2017 1779.5911524860128 -0.23 Infinity
Dec 2017 1776.5233410379037 -0.17 Infinity
Jan 2018 1774.274257771428 -0.13 Infinity
Feb 2018 1784.057651606641 0.55 Infinity
Mar 2018 1776.364832804631 -0.43 3.23
Apr 2018 1799.7261066125157 1.32 3.94
May 2018 1800.038268235173 0.02 4.34
Jun 2018 1798.636837875113 -0.08 4.03
Jul 2018 1792.286103104693 -0.35 4.10
Aug 2018 1791.3971825195417 -0.05 2.19
Sep 2018 1812.961581224407 1.20 2.31
Oct 2018 1824.9444578674672 0.66 2.31
Nov 2018 1819.5295213215527 -0.30 2.24
Dec 2018 1821.0649905533294 0.08 2.51
Jan 2019 1826.695164299677 0.31 2.95
Feb 2019 1849.4263764526047 1.24 3.66
Mar 2019 1858.826725335183 0.51 4.64
Apr 2019 1854.0274310266789 -0.26 3.02
May 2019 1867.9915246068886 0.75 3.78
Jun 2019 1883.86228933332 0.85 4.74
Jul 2019 1898.9671288466882 0.80 5.95
Aug 2019 1898.8225887141932 -0.01 6.00
Sep 2019 1885.5472994443148 -0.70 4.00
Oct 2019 1892.0889191094284 0.35 3.68
Nov 2019 1910.160802832793 0.96 4.98
Dec 2019 1919.687005176079 0.50 5.42
Jan 2020 1926.7958314710725 0.37 5.48
Feb 2020 1912.8713304938713 -0.72 3.43
Mar 2020 1945.277494331506 1.69 4.65
Apr 2020 1946.699939169819 0.07 5.00
May 2020 1946.3755126958483 -0.02 4.20
Jun 2020 1947.0189209105017 0.03 3.35
Jul 2020 1933.8959479120233 -0.67 1.84
Aug 2020 1933.9086275219342 0.00 1.85
Sep 2020 1930.390012701984 -0.18 2.38
Oct 2020 1929.5704388191373 -0.04 1.98
Nov 2020 1919.6254064702248 -0.51 0.50
Dec 2020 1915.6567976603117 -0.21 -0.21
Jan 2021 1934.5061976722895 0.98 0.40
Feb 2021 1920.913748269838 -0.70 0.42
Mar 2021 1944.8139722085916 1.24 -0.02
Apr 2021 1950.464605894733 0.29 0.19
May 2021 1974.4948761158735 1.23 1.45
Jun 2021 1976.4534575472812 0.10 1.51
Jul 2021 1986.4848575612687 0.51 2.72
Aug 2021 2016.0275340005776 1.49 4.25
Sep 2021 2055.726074232324 1.97 6.49
Oct 2021 2069.1586381698567 0.65 7.23
Nov 2021 2085.752640205026 0.80 8.65
Dec 2021 2090.178202973367 0.21 9.11
Jan 2022 2109.4274785257003 0.92 9.04
Feb 2022 2123.213705284978 0.65 10.53
Mar 2022 2137.2502489468097 0.66 9.90
Apr 2022 2162.1043008985766 1.16 10.85
May 2022 2176.282996541135 0.66 10.22
Jun 2022 2196.606989502665 0.93 11.14
Jul 2022 2221.730235742548 1.14 11.84
Aug 2022 2225.540645395929 0.17 10.39
Sep 2022 2208.5188016003576 -0.76 7.43
Oct 2022 2213.9599258098415 0.25 7.00
Nov 2022 2214.281649884869 0.02 6.16
Dec 2022 2226.1465201804735 0.54 6.51
Jan 2023 2203.611206788706 -1.01 4.47
Feb 2023 2206.0030076736457 0.11 3.90
Mar 2023 2199.9194511910905 -0.28 2.93
Apr 2023 2194.592218857458 -0.24 1.50
May 2023 2191.729095769196 -0.13 0.71
Jun 2023 2199.0419068650876 0.33 0.11
Jul 2023 2195.390341046101 -0.17 -1.19
Aug 2023 2197.171807297892 0.08 -1.27
Sep 2023 2197.0285352581695 -0.01 -0.52
Oct 2023 2202.2354926353014 0.24 -0.53
Nov 2023 2213.3109786948835 0.50 -0.04
Dec 2023 2203.9469086025188 -0.42 -1.00
Jan 2024 2223.8035879774948 0.90 0.92
Feb 2024 2221.5233471363463 -0.10 0.70
Mar 2024 2240.8156724322166 0.87 1.86
Apr 2024 2239.1525456802497 -0.07 2.03
May 2024 2269.506238656728 1.36 3.55
Jun 2024 2269.5936250878367 0.00 3.21
Jul 2024 2279.6764595254626 0.44 3.84
Aug 2024 2284.559418250528 0.21 3.98
Sep 2024 2286.3609520153345 0.08 4.07
Oct 2024 2288.6356999241084 0.10 3.92
Nov 2024 2279.8696437016206 -0.38 3.01
Dec 2024 2296.147461495731 0.71 4.18
Jan 2025 2311.9740737565116 0.69 3.97
Feb 2025 2341.1296248761264 1.26 5.38
Mar 2025 2343.108054182961 0.09 4.57
Apr 2025 2359.8683862527387 0.72 5.39
May 2025 2352.101049159549 -0.33 3.64
Jun 2025 2362.6351072912285 0.45 4.10
Jul 2025 2369.8624779692 0.31 3.96
Aug 2025 2382.5412273098273 0.54 4.29
Sep 2025 2402.673775207718 0.85 5.09
Oct 2025 2416.08887716616 0.56 5.57
Nov 2025 2436.073161417156 0.83 6.85
Dec 2025 2444.50906511727 0.35 6.46
Jan 2026 2445.127433294228 0.03 5.76
Feb 2026 2441.4146825396824 -0.15 4.28